Electric two-wheeler manufacturer Quantum Energy has announced that it has come into an alliance with a battery-swapping network Battery Smart with an aim to cater to two and three-wheeler electric vehicles. As per the official release by the firm, this collaboration aims to leverage Battery Smart’s extensive network of over 900 swap stations across 25+ […]
Panasonic Energy a Panasonic Group Company today announced it has signed a long-term agreement with H&T Recharge, a leading battery component manufacturer, for the supply of lithium-ion battery cans in North America, with the aim of expanding its production of safe electric vehicle (EV) batteries. Panasonic Energy and H&T have collaborated since 2017, with H&T […]
Delhi-based EV Chargers manufacturer Servotech announced it has bagged an order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs worth Rs 102 crores involving two charger variants of 60 kW and 120 kW. According to a media release by the company, orders secured by HPCL […]
The French government slashed subsidies on electric vehicles for the top 50 percent of high-income earners earlier this week. The aim behind this move by Paris is to control budget-related issues and manage expenditures for promoting electric and hybrid vehicle adoption. Therefore, the France government has reduced the subsidy by 20 percent. Under this new […]
Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […]
Short of an unprecedented rapprochement, the EV sector looks set to be headed into some potholes in 2024. The reason is heightening tensions between the US and China, as both countries ratchet up measures to assert control over their respective strengths. For China, it is its huge dominance of the EV supply chain, from batteries […]
The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […]
The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […]
In recent years, India has made rapid progress towards the adoption of electric vehicles (EVs) in the transportation sector. The movement started when the government announced an ambitious plan to achieve 30% EV penetration by 2030. The first major step was the introduction of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) Scheme in […]
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